Broadcom to Acquire VMware for $61 Billion

It's one of the largest tech acquisitions of all time.

Andrew Blok Editor I
Andrew Blok has been an editor at CNET covering HVAC and home energy, with a focus on solar, since October 2021. As an environmental journalist, he navigates the changing energy landscape to help people make smart energy decisions. He's a graduate of the Knight Center for Environmental Journalism at Michigan State and has written for several publications in the Great Lakes region, including Great Lakes Now and Environmental Health News, since 2019. You can find him in western Michigan watching birds.
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Andrew Blok
The exterior of the Broadcom facility in Irvine, California.

The exterior of the Broadcom facility in Irvine, California.

Mark Boster/Los Angeles Times via Getty Images

Semiconductor company Broadcom is purchasing enterprise software company VMware for $61 billion, the company said in a press release on Thursday. The deal would be one of the largest in tech history. 

"This transaction combines our leading semiconductor and infrastructure software businesses with an iconic pioneer and innovator in enterprise software as we reimagine what we can deliver to customers as a leading infrastructure technology company," said Hock Tran, Broadcom's president and chief executive officer, in a statement.

The deal has been unanimously approved by the boards of both companies but requires regulatory approval before it can be completed. The deal is expected to close in Broadcom's fiscal year 2023, which starts in November 2022.

VMware has been part of a larger acquisition before, when Dell bought EMC for $67 billion in 2016. VMWare spun off from Dell last year.